Beware of over-reliance on China arrivals and casinos, says Maybank report on Asean tourism

Singapore

TOURISM in Asean is set for a significant upside, but more needs to be done in areas such as infrastructure, and there are risks of over-reliance on China arrivals and casinos, according to a new Maybank report, Asean Tourism: Blue Skies, But Keep Your Seatbelts Fastened.

Although Asean visitor arrivals have grown at a compound annual growth rate of 8 per cent since 2010, with tourism receipts being a sizeable contributor to many economies, the sector still has potential to expand further, thanks to the falling cost of travel and rising affluence.